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Rapaport News
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De Beers, Soo Kee Extend Grading Deal
IIDGR will now offer reports to Singapore jeweler’s bridal customers in China.
Sep 17, 2017 8:41 AM
By Rapaport News
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RAPAPORT... The International Institute of Diamond Grading &
Research (IIDGR) has expanded its grading partnership with Singapore-based Soo
Kee Group into China, the De Beers subsidiary said.
IIDGR, De Beers’ gemological unit, launched the initial
collaboration in February. Under the deal, the laboratory offers consumers its
grading reports for the jeweler’s Lovemarque diamond collection, part of its bridal
brand, Love & Co.
The companies noted a positive response to the original
launch from customers. As a result, they have decided to extend the deal to the
Chinese market following the retailer’s launch of Love & Co. in the country.
Strong bridal demand in China drove Soo Kee to expand its Love
& Co. label into the key market, IIDGR added. The retailer intends to
establish 550 points of sale, including franchised outlets. |
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Tags:
China, De Beers, grading, IIDGR, International Institute of Diamond Grading & Research, Love & Co, Lovemarque, Rapaport News, Singapore, Soo Kee, Soo Kee Group
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